Crypto market value tops $3 trillion for first time

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Crypto market value tops $3 trillion for first time
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The world cryptocurrency market is worth more than $3 trillion for the first time, according to calculations Monday.

LONDON - The world cryptocurrency market is worth more than $3 trillion for the first time, according to calculations Monday, as mainstream investors increasingly jump on board.

A bitcoin futures exchange-traded fund, a type of financial instrument, launched on the New York Stock Exchange in October.Some investors sees cryptocurrencies as a hedge against inflation, which is surging worldwide as economies reopen after pandemic lockdowns.

 

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